Follow-On Offering

Energy
Follow-On Offering

Summary

Baird served as a senior co-manager on this offering.

About

LINN Energy, LLC (“LINN Energy” or the “Company”) (NASDAQ: LINE) recently completed a follow-on offering of 16,000,000 common units at a price of $11.79 per unit, generating gross proceeds of $188.6 million. The Company intends to use the net proceeds from the offering to repay debt under LINN Energy’s credit facility.

LINN Energy is an independent oil and natural gas company focused on the development and acquisition of long-life oil and natural gas properties, which complement the Company’s asset profile in various producing basins within the United States LINN Energy is headquartered in Houston, Texas.

For additional information about this transaction, please contact:

Curtis Goot +1 (314) 445-6540
Frank Murphy +1 (314) 445-6532
Gary Placek +1 (414) 765-3611
Energy
Follow-On Offering
Date
May 2015
Company
LINN Energy, LLC
Transaction
M&A
Sectors
Energy
Target Location
North America

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